
Finally, things get back to normal. Money Kumar: You see, unless banks are safe, people don't keep their money there. And if that happens, banks have no money to give to other people to produce goods. If that happens how will the economy run, let aside grow? So, I have to be there behind the scene and ensure that banks function well. Students: Oh, we understand! By ensuring that banks function well, you help to take money from those who have more and give to those who need it. When they return the money, someone else can take it and so on.. Money Kumar: Precisely. This can happen only if people trust banks with their money. So that's financial stability for you. Students: Great So... what's next? Source: RBI The comic Money Kumar & The Monetary Policy is copyright of Reserve Bank of India and is posted here in public interest and to spread banking awareness among kids. |